SAS has reported a pre-tax loss of SEK 1.6bn for the quarter to end April 2022 – an improvement of SEK 1.0 billion compared with last quarter, or a SEK 0.7 billion improvement year-on-year. Revenue was SEK 7.048bn compared to 1.982bn the year ago period. SAS stated that it has carried its highest number of passengers since the pandemic began. Total operating expenses during the quarter ended at SEK 7.8bn and total operating revenue landed at SEK 7.0bn for the quarter. SAS’ cash balance at the end of the quarter was SEK 8.5bn. SAS states that it is focused on
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